Trump is considering exempting any companies from higher duties

Following the decision of U.S. president Donald Trump to suspend any of the excessive duties he had introduced earlier, He spoke to the press. in the White home and made any comments that might be affirmative for Apple.

To ask if he would consider exempting any American companies from duties in the future, Trump said yes. “In time we will look at it,” he said. "There are those in which, due to the nature of the company, they hit a small harder and we will look at it," he added, saying, "it will show up with a small flexibility."

During Trump's first term, Apple's CEO, Tim Cook, was able to convince Trump to release Apple's devices from the duties that Trump introduced, but this time Cook failed. Trump has not yet agreed to grant any company relief from customs duties.

Trump announced unexpectedly advanced duties last Wednesday, which caused a spiral decline in the stock exchange and Apple's stock drop by nearly 20 percent. The losses continued until present erstwhile a temporary break was announced, and the marketplace closed with Apple's shares back at nearly $200 per share after beginning at $172.

Trump announced a 90-day break for all peculiar ‘reciprocal’ duties that were in force, specified as a 46 % work on imports from Vietnam and a 32 % work on imports from Taiwan. A 90-day break does not apply to Chinese goods and although higher duties are suspended, a 10% base tariff applies. Trump raised the duties on China to 125 percent, effective immediately, and said he had stopped the remaining duties due to the fact that “people began to worry a little.”

In a conversation with Trump press, he reiterated his goal of moving production to the United States and stated that Apple's ‘building’ in China is unacceptable.

If you look at Apple, Apple is going to spend $500 billion on building a factory. They wouldn't have done it if I hadn't. They'd just build them in China. And this is unacceptable.

Although Apple actually invests in the United States to build Apple Intelligence servers at a plant in Houston, Texas, most of the device production will stay abroad. Apple is incapable to decision its highly complex supply chain to the United States due to its costs and deficiency of skilled workers in advanced production.

Apple will gotta pay a 125 percent work on all goods imported to the United States from China, but it can import equipment from another countries specified as India, Taiwan and Vietnam, at a lower rate of 10 percent.